Jan. 24 (Bloomberg) -- Charles Dallara, managing director of the International Institute of Finance, said it’s important to resolve the situation in Greece cooperatively.

“It’s important to all parties to recognize how much we have at stake here and that we work together cooperatively,” he said at a press conference in Zurich. Dallara is negotiating a voluntary debt swap with Greece on behalf of bondholders.

To contact the reporter on this story: Elisa Martinuzzi in Milan at emartinuzzi@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net